§ 45-33-7. Terms and form of bonds.
Bonds of an agency are authorized by its resolution, and may be issued in one or more series, and shall bear a date or dates, mature at time or times, bear interest at a rate or rates, be in a denomination or denominations, be in a form, either coupon or registered, carry conversion or registration privileges, have a rank or priority, be executed in a manner, be payable in a medium of payment, at a place or places, and be subject to terms of redemption (with or without premium) that the resolution, its trust indenture, or mortgage may provide. Bonds of an agency may be sold at public or private sale at a price or prices to be determined by the agency.
History of Section.P.L. 1956, ch. 3654, § 79; G.L. 1956, § 45-33-7; P.L. 1999, ch. 497, § 2.
Structure Rhode Island General Laws
Chapter 45-33 - Redevelopment Financing
Section 45-33-1. - Establishment of revolving fund.
Section 45-33-2. - Bonds of city or town.
Section 45-33-3. - Abolition of revolving fund.
Section 45-33-4. - Appropriations, borrowing, and loans by cities and towns.
Section 45-33-5. - Power to issue bonds — Revenue and mortgage bonds.
Section 45-33-6. - Restrictions on liability on bonds.
Section 45-33-7. - Terms and form of bonds.
Section 45-33-8. - Terms and covenants permissible in bonds.
Section 45-33-10. - Continuing validity of signatures — Negotiability of bonds.
Section 45-33-11. - Recitals as to purpose of bonds.
Section 45-33-12. - Remedies of obligees.
Section 45-33-13. - Additional remedies conferrable on obligees.
Section 45-33-14. - Tax exemption of bonds.
Section 45-33-15. - Bonds as legal investments.
Section 45-33-16. - Financial assistance by other public agencies.